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Plumstead High Street, London

London

£129,000
Listed on 24/04/2026

Property Details

Bedrooms
1
Type
Flat

Description

This first-floor self-contained flat, situated in a residential terrace in the heart of Plumstead, presents a prime opportunity for renovation and investment. The property requires updating throughout, which opens avenues for personalisation and enhancement. Spanning approximately 47m2 (509 sq ft), the layout includes an entrance hall, one bedroom, a reception room, kitchen, and bathroom/WC. With full vacant possession available, this flat is an ideal canvas for those looking to create a modern living space. Located within minutes of Plumstead rail station and local shopping amenities, as well as nearby recreational options at Plumstead Common, the property benefits from good transport links via bus routes and proximity to outdoor activities along the River Thames. The lease offers an extended term of 990 years with a peppercorn ground rent, adding to its long-term appeal. This property represents an excellent investment potential due to its location and necessary updates that can significantly increase value post-renovation.

Investment Analysis

(SE18 area)
Area Average
£519/sq ft
Avg Rent (weekly)
£471
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SE18)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -4.6%
5 year growth: +8.7%
Investment Disclaimer: Analysis based on SE18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Plumstead High Street, London
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£457
Based on a loan of £96,750 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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